Question and Answer
Amy Pocino Kelly and Julie Stapel, both experienced ERISA attorneys and partners with law firm Morgan, Lewis & Bockius, LLP, talked with Robert Capone, Head of Defined Contribution and Sub Advisory at AQR, to discuss fiduciary due diligence considerations for defined contribution (DC) plans when considering whether to incorporate alternative asset classes and strategies.
In this short paper, they address such matters as:
- The due diligence that plan fiduciaries need to undertake when considering alternative strategies.
- The need for “enhanced” due diligence in selecting particular alternative strategies and asset classes.
- Whether fiduciary risks differ based on the investment strategy in question.